Investor Special: Charming 2-Unit Brick Townhouse in Midtown Detroit**Welcome to this exceptional 2-unit brick townhouse, an ideal investment opportunity in the vibrant Midtown Detroit neighborhood. Each spacious unit offers 1,250 square feet of living space, featuring 3 bedrooms and 1 bathroom.**Key Features:**- **Newer HVAC System**: Enjoy reliable and efficient heating and cooling.- **Beautiful Hardwood Floors**: Adds warmth and character to each unit.- **Generous Space**: Each unit boasts a generous 1,250 sqft layout.- **Prime Location**: Situated in the bustling Midtown Detroit area, close to shops, dining, and entertainment.Perfect for investors looking to capitalize on the thriving Detroit real estate market, this property promises strong rental potential and l
Welcome to 17532 Santa Rosa! This charming duplex is situated in the highly sought-after Bagley neighborhood and awaits your finishing touches. The home features and upper lower unit each with a spacious layout, kitchen, and living room. The first-level unit boasts a beautiful brick fireplace, 3 bedrooms, and 1 full bathroom. The second level unit boasts 2 bedrooms and 1 full bathroom. The basement provides plenty of room for storage. With a bit of TLC, this property has great income potential for investors. Don't miss the chance to increase your investment portfolio! BTVAI
INVESTMENT OPPORTUNITY: Brick home in attractive neighborhood. Home is currently rented at $825.00 and $850.00 Home is currently rented, do not disturb tenant. Showings and inspections will be scheduled only upon accepted offer.
PERFORMING & GORGEOUS SIDE BY SIDE DUPLEX in a great neighborhood on Detroit's westside. Each unit has 2 bedrooms, full bath, kitchen, living room, dining room and basement. Property has gorgeous hardwood flooring throughout and a fenced yard with parking slab. Each tenant pays $850 cash per month. Roof, Mechanicals and most updates are about about 6 years ago. This stunning property could be the jewel of any rental portfolio. Located near schools, entertainment and dining. Call/Text for details and showings.
Seize this incredible investment opportunity with a multifamily property located in a highly desirable suburb of Detroit. This great income-producing property is priced to sell and offers substantial returns on investment.Key Features:Location: Situated in a good suburb of Detroit, providing a prime location for tenants seeking suburban living with easy access to the city's amenities.Income-Producing: This multifamily property is designed to generate consistent rental income, making it an ideal addition to your investment portfolio.Affordable Pricing: Priced at a low cost, this property offers significant value and potential for appreciation.Land Bank Terms: Subject to land bank terms, providing a unique investment opportunity with potential incentives and benefits.
Seize this incredible investment opportunity with a multifamily property located in a highly desirable suburb of Detroit. This great income-producing property is priced to sell and offers substantial returns on investment.Key Features:Location: Situated in a good suburb of Detroit, providing a prime location for tenants seeking suburban living with easy access to the city's amenities.Income-Producing: This multifamily property is designed to generate consistent rental income, making it an ideal addition to your investment portfolio.Affordable Pricing: Priced at a low cost, this property offers significant value and potential for appreciation.Land Bank Terms: Subject to land bank terms, providing a unique investment opportunity with potential incentives and benefits.
Seize this incredible investment opportunity with a multifamily property located in a highly desirable suburb of Detroit. This great income-producing property is priced to sell and offers substantial returns on investment.Key Features:4 UNIT WITH 2 BDRMS EACHLocation: Situated in a good suburb of Detroit, providing a prime location for tenants seeking suburban living with easy access to the city's amenities.Income-Producing: This multifamily property is designed to generate consistent rental income, making it an ideal addition to your investment portfolio.Affordable Pricing: Priced at a low cost, this property offers significant value and potential for appreciation.Land Bank Terms: Subject to land bank terms, providing a unique investment opportunity with potential incentive
Seize this incredible investment opportunity with a multifamily property located in a highly desirable suburb of Detroit. This great income-producing property is priced to sell and offers substantial returns on investment.Key Features:Location: Situated in a good suburb of Detroit, providing a prime location for tenants seeking suburban living with easy access to the city's amenities.Income-Producing: This multifamily property is designed to generate consistent rental income, making it an ideal addition to your investment portfolio.Affordable Pricing: Priced at a low cost, this property offers significant value and potential for appreciation.Land Bank Terms: Subject to land bank terms, providing a unique investment opportunity with potential incentives and benefits.
Step into your freshly updated duplex in Russell Woods, radiating a bright and clean aesthetic. Each unit has an inviting space featuring a spacious living room, a dining area perfect for gatherings, and an outdoor terrace/ enclosed front porch for a breath of fresh air. The bedrooms boast new carpeting, while the kitchen comes complete with modern appliances. The basement features private section for each unit for storage and dedicated laundry units. Don't miss this great opportunity to house hack or add a cash flowing investment to your portfolio!
Great investment opportunity in the desirable Russell Woods neighborhood! This solid brick multifamily home features two units. Close to major roads. Don't miss this chance to own a multifamily home in a prime location. *This is a land bank property and purchaser to comply with land bank post closing.*
Well Maintained 2 Unit Multi-Family Brick Tudor, Upper/Lower Flats. Fully Tenanted, Income Producing Property. Separately metered, tenants pay for their own gas/electric utilities. Nestled in a quiet residential neighborhood. Close to Meijers, Retail Shopping, Restaurants, Public Transportation and Expressways. Sold "AS IS". PLEASE DO NOT DISTURB TENANTS. PRE-APPROVED BUYERS, BATVAI.
Nicely and newly renovated upper 2 bedroom, with possibly a 3rd bedroom (needs wardrobe or portable closet)or den, spacious apartment with front and back balcony access! Private entry, security system, appliances included! Approx. 500 square feet of the lower level laundry/storage area for your use. Two parking spaces for your convenience!
Attention Investors check out this latest offering from the Detroit Land Bank Authority! Welcome to an incredible investment opportunity in the Midwest neighborhood! This two-story full brick colonial property boasts over 3000 square feet of potential, offering versatile living spaces across four units. This property presents a unique opportunity for restoration and renovation, allowing you to unleash its full potential. Please note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests
This multi-family unit is a prime investment opportunity, featuring a very good cap rate. Each unit includes 2 bedrooms and 1 bathroom, offering comfortable living spaces perfect for tenants. With convenient access to amenities and public transportation, this well-maintained property is ready for immediate occupancy and rental income generation. Don't miss out on this exceptional opportunity to expand your investment portfolio.
Newly renovated duplex located in Jefferson Chalmers neighborhood located directly adjacent to the Detroit River. Upper unit is a 3 bedroom 2 full bath unit with a large terrace. The master bedroom has an en suite bathroom, and the kitchen is nice size and very large perfect for entertaining. The lower unit is also a nice size and fully updated as well. Both units have a large private outdoor space off the living room. Perfect opportunity or an investor looking for a turn key product or a home buyer looking to house hack.
Great Investor property. Home is close to several neighborhood parks and freeway. New roof, furnace and hot water tank.
Attention Investors! Here's your next lucrative opportunity: a multi-family home with immense potential. This property features multiple units, 2 bedrooms, 1 full bath, and 1 convenient half bath in upper unit, 2 bedroom and 1 full bath in lower unit, Newer roof! The best part? The heavy lifting has been done for you. The demolition is already complete! Now is your chance to customize and rehab this property to maximize rental income or resale value.
Presenting a remarkable investment opportunity in the heart of Detroitââ?¬â??a four-unit brick building that stands as a testament to quality and potential. Located in a neighborhood showing strong signs of revitalization, this property offers a blend of historic charm and modern updates, making it an attractive prospect for both seasoned investors and those new to the real estate market. Each unit has been updated, featuring upgraded bathrooms that combine contemporary design with functionality. These spaces ensure a comfortable living experience for tenants. The building has been fitted with all new windows, improving energy efficiency and contributing to lower utility costs while providing abundant natural light throughout each unit. Each unit comes with its own separate gas and electric meters, allowing for individual billing and making it easier for tenants to manage their utility usage. The property features one water meter, simplifying water service management. The building includes a full basement, providing storage space and housing a convenient laundry area. This communal laundry facility is a desirable amenity for tenants, adding value to the rental units. Situated on a corner lot, the building is enclosed by a secure fence, offering privacy and a sense of community. The property also features newer gutters, ensuring proper drainage and reducing maintenance concerns. With street parking available, tenants and their guests will have no trouble finding convenient parking spots. This added convenience enhances the property's appeal. The building is currently vacant, making it ready for immediate occupancy. Its well-kept condition ensures that new tenants can move in without delay, maximizing rental income potential. The surrounding area is experiencing a notable resurgence. This revitalization contributes to a growing demand for quality rental units, positioning this property as a prime investment. The location has easy access to public transportation, major highways, and downtown Detroit.
This 2 family investment opportunity has 2 bedrooms on each side and is in need of extensive rehab due to fire damage on one side. The other side is not as damaged and down to the studs. Located within walking distance to 8 Mile, schools and parks. Check the comps and don't miss out! This site is in the Eight Mile-Evergreen NEZ Homestead boundaries. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.
This 2 family investment opportunity has 2 bedrooms on each side and is in need of extensive rehab due to fire damage on one side. The other side is not as damaged and down to the studs. Located within walking distance to 8 Mile, schools and parks. Check the comps and don't miss out! This site is in the Eight Mile-Evergreen NEZ Homestead boundaries. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.
Lucrative Investment Opportunity: Well-Established 40-Unit Apartment Building! *Call for Offers for Monday July 1st at 3 pm.* Seeking a stable and profitable investment? Look no further than this exceptional 40-unit apartment complex located in Detroit. The property boasts a strong rental history and excellent income potential. Currently generating a gross annual income of approximately $324,000 with a projected Net Operating Income (NOI) of $227,000 for 2024, this investment offers proven performance. There's also significant value-add opportunity: reach full capacity and unlock even greater income. Projected gross income upon full occupancy is $432,000. The complex caters to a wide range of renters with a diverse unit mix of spacious 2-bedroom townhouses (8 units), regular 2-bedroom units (8 units), and efficient 1-bedroom units (24 units). Landlord currently covers water, gas, and electric. Don't miss out on this income-generating gem! Showings require advanced notice to respect current tenants. Contact us today to schedule a showing and learn more about this opportunity in a desirable location. Proof of funds and/or financing is required to schedule a showing.
Duplex on Detroit's East Side located in the Riverbend Neighborhood. Just North of Jefferson Chalmers. Each unit features 3 bedrooms and 1 bathroom. Located on a block with newer side by side townhouses. Perfect for all buyers. BUYER TO PAY $495 PROCESSING FEE TO LISTING BROKER.
We are excited to announce your next investment opportunity. Located in the Barton McFarland community of Detroit, this beautiful brick two story Multi Family Home provides an upper and a lower unit, offering separate entrance. Each unit provides three bedrooms and one bathroom. This home also has a basement area to expand your living space and additional storage. This home is located only 15 minutes away from Wayne State University College and a 15 minute drive from downtown Detroit. Very convenient location with close proximity to many schools, places of worship, shopping facilities and public transit. Don�t miss out on this great opportunity to invest in your next rental property! All of our listings come with built-in property management for seamless, turnkey investments. Our full-service approach covers everything from construction completion to tenant placement and ongoing management. Services include comprehensive property management, tenant screening, financial reporting, legal compliance, and streamlined communication.
Income generating duplex in progressive up and coming neighborhood. Updated modern bathrooms and kitchens. Newer kitchen cabinets. Hardwood floors throughout both units. Updated electrical. Updated plumbing. Newer roof. Long term month to month cash tenants who would like to stay. Each unit consists of a living room, dining room, renovated kitchen, renovated bathroom and two bedrooms. The perfect property for a new investor or seasoned investor looking for a high ROI. DO NOT DISTURB TENANTS. DO NOT APPROACH TENANTS.
Solid brick Upper / Lower on Detroit's lower east side. Updated kitchen and bath in both units. Hardwood floors. Fireplace. Vinyl windows. Spacious 3 bedroom units. Both units rented to performing tenants. Current rent 1100 / month per unit. Located mere blocks from the Detroit / Grosse Pointe border. No showings prior to accepted offer. Leases and ledgers available upon request.
The median home value in Detroit, MI is $93,000. This is lower than the county median home value of $150,200. The national median home value is $338,100. The average price of homes sold in Detroit, MI is $93,000. Approximately 36.89% of Detroit homes are owned, compared to 39.44% rented, while 23.66% are vacant. Detroit real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Detroit real estate agent to arrange a tour today!
Detroit, Michigan has a population of 645,658. Detroit is less family-centric than the surrounding county with 15.74% of the households containing married families with children. The county average for households married with children is 25.56%.
The median household income in Detroit, Michigan is $34,762. The median household income for the surrounding county is $52,830 compared to the national median of $69,021. The median age of people living in Detroit is 35 years.
The average high temperature in July is 83.5 degrees, with an average low temperature in January of 18.5 degrees. The average rainfall is approximately 33.5 inches per year, with 33 inches of snow per year.